Gas is 1.89 in my area, what are the ripple effects of this era of cheap gas in America?

[menx64]

blackjackk said:

menx64 said:
Good for companies, nothing for the customer. Transportation remains the same price, food, everything is the same.

Cheaper gas isn't good for the consumer...? Ok then. I love cheap gas.

 I mean, of course we pay less for the gas, however public transportation and food remain the same. At the end of the day the people who commute to work by bus, train or whatever mean of public transportation only knows gas is cheaper since you read that on the news papers, but no real change on prices.

 I fully expect a raise in price as soon as the gas goes up again though.